tgheen writes:I am nearing 30 and am finally creating a retirement plan. I just maxed out my 401K contributions and would like to create a Roth IRA to supplement it. Because of volatile market conditions, I am leaning towards investing in bonds for a year or so until the market points upwards again.Just to play devil's advocate here -- if you thought that equities stood to lose another big chunk of value before bottoming out, your strategy would make sense. If they've already pretty much bottomed out, though, this would make a time you'd want your money to be in stocks so that you get the benefit of the ride back up. No?Much as it hurts me to see my 403b funds take a beating this year, I keep putting my new contributions in equity funds because (a) I'm investing for the long term and won't be withdrawing for a couple of decades at least, and (b) I'm not smart enough to call market turns to try to play it any other way.
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